Flat 2, Ikon House 2
Flat 2, Ikon House 2
Description & Estimates
Flat 2, Ikon House 2, Croydon is recorded publicly as a modern leasehold apartment across 1,259 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 2, Ikon House 2, Croydon is £426,610 and its rental estimate is £2,188 per month, given the available information and assuming reasonable condition.
Ikon House, Purley Way is a residential building on Purley Way, Croydon, CR0 and falls within the CR0 postal district and the borough of Croydon.
Our Data Sources
Flat 2, Ikon House 2, Croydon has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Ikon House 2, Croydon, we estimate a market value of £447,941 and a rental value of £2,298 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £396,747 and £2,035 per month respectively.
Recent Market Change
Over the last year, Flat 2, Ikon House 2, Croydon has seen its estimated sale value fall by £8,883 (2.1%) and its estimated rental value move up by £74 per month (3.4%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 2, Ikon House 2, Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 2, Ikon House 2, Croydon completed on 29th November 2024 at £420,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.1% over the period since November 2024.
- Sold Nov 2024£420,000
- Sold Jan 2020£487,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Ikon House 2, Croydon have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2020, was Flat 1, Ikon House 2, Purley Way, Croydon, CR0 3FA, a leasehold flat which sold for £465,000.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 561 addresses on Purley Way, Croydon, CR0, Flat 2, Ikon House 2, Croydon comes out as the 17th largest and the 28th most expensive in our analysis of the public data.
It is also £56k more expensive than the average property across the CR0 district.
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Schools Nearby
- 200mWest Thornton Primary School
- 500mHarris Primary Academy Croydon
- 1.1kmGonville Academy
- 900mThe Archbishop Lanfranc Academy
- 1.4kmHarris Invictus Academy Croydon
- 1.7kmSt Mary's Catholic High School
More reading links
Public Transport Nearby
From Flat 2, Ikon House 2, Croydon, the nearest station is West Croydon, 1.5 kilometres away.
- 1.5kmWest Croydon
- 2.0kmWaddon
- 2.1kmThornton Heath
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
